Automation Impact on Finance & Accounting (F&A) Outsourcing Contracts
27 Jun 2019
by
Vignesh Kannan
Objective:
This tool provides enterprises an indicative automation potential that they can achieve an outsourcing contract
It is intended to be leveraged as a high-level early indicator of automation potential before getting into deep dive / due diligence
Assumptions:
This tool estimates the automation potential linked to FTE reduction only
The analysis does not take into account the cost of automation (i.e. when considering overall savings, cost of automation must be factored in separately)
The FTE reduction potential takes into account only automation-related benefits; it does not take into account process improvement benefits such as six sigma implementation
Scope of this tool:
The scope of this tool is restricted to Finance & Accounting (F&A) services; it assesses the impact of automation on Finance & Accounting Outsourcing (FAO) contract across five key processes in the entire F&A value chain.
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The Cost Benchmarks Book is an off-the-shelf reference for Global Business Services (GBS) professionals to…